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Bullboard - Stock Discussion Forum Microbix Biosystems Inc. T.MBX

Alternate Symbol(s):  MBXBF

Microbix develops proprietary biological technology solutions for human health and well-being, with about 90 skilled employees and sales growing from a base of over $1 million per month. It makes a wide range of critical biological materials for the global diagnostics industry, notably antigens for immunoassays and its laboratory quality assessment products (QAPs™) that support clinical lab... see more

Bullboard (TSX:MBX)

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Post by rjc7on Nov 06, 2023 7:53am

Fill in the gap please

Someone needs to fill in the gap between the BID @ $0.21 and ASK @$0.265
Post by prophetoffactzon Nov 03, 2023 6:07pm

Maybe about 750,000 shares

traded in the last two days in Canada. 213,500 traded today alone and over 500,000 shares traded yesterday.  
Comment by Methodon Nov 03, 2023 4:07pm

RE:RE:RE:House BMO Nesbitt Burns has dump 413,000 shares today alone

I used to work on an institutional trading desk and you can't expect anyone to trade rationally. This might be a tiny position in a decent sized small cap fund that's getting shut down. They ...more  
Comment by wizzdumbon Nov 03, 2023 3:01pm

RE:RE:House BMO Nesbitt Burns has dump 413,000 shares today alone

There would be no reason for them to tank the stock price by liquidating on the public market when they hold so many shares, especially considering how low volume this is. Assuming they even wish to ...more  
Comment by wizzdumbon Nov 03, 2023 2:28pm

RE:RE:RE:RE:RE:RE:House BMO Nesbitt Burns has dump 413,000 shares today alone

Material news, you will hear about it via press release, don't worry. 
Comment by prophetoffactzon Nov 03, 2023 11:01am

RE:House BMO Nesbitt Burns has dump 413,000 shares today alone

The founder passed away in early September and he had 5.4 million shares last reported in 2020. That could be weighing on the stock. There could be a liquidation of his holdings. Over 600,000 shares ...more  
Comment by tasman99on Nov 03, 2023 7:35am

RE:RE:RE:RE:RE:House BMO Nesbitt Burns has dump 413,000 shares today alone

EXCELENT QUESTION   ANY FDA UPDATE WOULD BE APRCIATED
Comment by wizzdumbon Nov 02, 2023 10:44pm

RE:RE:RE:RE:RE:House BMO Nesbitt Burns has dump 413,000 shares today alone

By November 14th was what was mentioned in the last webinar, although not "officially". 
Comment by wizzdumbon Nov 02, 2023 4:25pm

RE:RE:RE:House BMO Nesbitt Burns has dump 413,000 shares today alone

Agreed. I hope Kinlytic approval comes in tomorrow and it pops, that would definitely happen if it were me selling lol. 
Comment by rjc7on Nov 02, 2023 4:11pm

RE:RE:House BMO Nesbitt Burns has dump 413,000 shares today alone

I wouldn't be too nervous. Its one investor who's had enough. They keep adding product which only builds to the intrinsic value and they have a strong balance sheet. The entire market sucks ...more  
Comment by Methodon Nov 02, 2023 3:56pm

RE:RE:RE:Somebody wants in cheap

There is a weekly block exemption but still not clear if the buyback is back up.
Comment by rjc7on Nov 02, 2023 3:14pm

RE:RE:Somebody wants in cheap

The maximum number of shares the company can buy back in any given trading day is 11,500
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